Domestic rebar prices in Turkey have made a downward start to the current week due to lower import scrap quotations and the weakness of demand. Today, Turkish mill Izmir Demir Celik has reduced its 12-32 mm rebar prices by TRY 42/mt to TRY 2,754/mt ($469/mt) ex-works, while Icdas has decreased its 12-32 mm rebar prices by TRY 45/mt to TRY 2,770/mt ($472/mt) ex-works, both excluding VAT.
As of today, June 17, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
||
|
14.06.2019 |
14.06.2019 |
||||||
|
Marmara |
8 mm |
2,763 |
471 |
↓ |
34 |
↓ |
4 |
|
Marmara |
12 mm |
2,746 |
468 |
↓ |
34 |
↓ |
4 |
|
Iskenderun |
8 mm |
2,763 |
471 |
↓ |
8 |
↑ |
1 |
|
Iskenderun |
10 mm |
2,750 |
468 |
↓ |
8 |
|
0 |
|
Iskenderun |
12 mm |
2,737 |
466 |
↓ |
9 |
|
0 |
|
Izmir |
8 mm |
2,763 |
471 |
↓ |
8 |
↑ |
1 |
|
Izmir |
10 mm |
2,754 |
469 |
↓ |
9 |
|
0 |
|
Izmir |
12 mm |
2,746 |
468 |
↓ |
8 |
|
0 |
|
Karabuk |
8 mm |
2,737 |
466 |
↓ |
17 |
↓ |
2 |
|
Karabuk |
12 mm |
2,720 |
463 |
↓ |
17 |
↓ |
2 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.87